Catalist:40E

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Spackman Entertainment Group

Executive Summary

Spackman Entertainment Group Limited, an investment holding company, develops, produces, presents, and finances theatrical motion pictures in Korea.


Snowflake Analysis

Excellent balance sheet and fair value.

Share Price & News

How has Spackman Entertainment Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 40E's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

40E

4.2%

SG Entertainment

0.7%

SG Market


1 Year Return

-50.0%

40E

39.6%

SG Entertainment

-19.1%

SG Market

Return vs Industry: 40E underperformed the SG Entertainment industry which returned 40% over the past year.

Return vs Market: 40E underperformed the SG Market which returned -19.9% over the past year.


Shareholder returns

40EIndustryMarket
7 Day0%4.2%0.7%
30 Day-27.3%0.2%-3.0%
90 Day0%21.6%1.1%
1 Year-50.0%-50.0%41.2%39.6%-15.0%-19.1%
3 Year-92.6%-92.6%8.3%5.0%-15.3%-25.5%
5 Year-87.7%-87.7%2.0%-1.9%-2.6%-20.0%

Price Volatility Vs. Market

How volatile is Spackman Entertainment Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Spackman Entertainment Group undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 40E (SGD0.01) is trading below our estimate of fair value (SGD0.04)

Significantly Below Fair Value: 40E is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 40E is unprofitable, so we can't compare its PE Ratio to the XA Entertainment industry average.

PE vs Market: 40E is unprofitable, so we can't compare its PE Ratio to the SG market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 40E's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 40E is good value based on its PB Ratio (0.1x) compared to the XA Entertainment industry average (1.9x).


Next Steps

Future Growth

How is Spackman Entertainment Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.2%

Forecasted Media industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Spackman Entertainment Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Spackman Entertainment Group performed over the past 5 years?

31.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 40E is currently unprofitable.

Growing Profit Margin: 40E is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 40E is unprofitable, but has reduced losses over the past 5 years at a rate of 31.6% per year.

Accelerating Growth: Unable to compare 40E's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 40E is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (-0.4%).


Return on Equity

High ROE: 40E has a negative Return on Equity (-6.64%), as it is currently unprofitable.


Next Steps

Financial Health

How is Spackman Entertainment Group's financial position?


Financial Position Analysis

Short Term Liabilities: 40E's short term assets ($17.6M) exceed its short term liabilities ($12.9M).

Long Term Liabilities: 40E's short term assets ($17.6M) exceed its long term liabilities ($5.6M).


Debt to Equity History and Analysis

Debt Level: 40E's debt to equity ratio (13.9%) is considered satisfactory.

Reducing Debt: 40E's debt to equity ratio has increased from 7.1% to 13.9% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 40E has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 40E is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 21.6% per year.


Next Steps

Dividend

What is Spackman Entertainment Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 40E's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 40E's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 40E's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 40E's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 40E's dividend in 3 years as they are not forecast to pay a notable one for the SG market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.5yrs

Average management tenure


CEO

John Ko

1.5yrs

Tenure

Mr. Jihwan Ko, also known as John, is the Chief Executive Officer of Spackman Entertainment Group Limited since February 20, 2019. Mr. Ko is the CEO & Director Greenlight Content Co., Ltd. since 2017. From ...


Leadership Team

NamePositionTenureCompensationOwnership
Jihwan Ko
Chief Executive Officer1.5yrsno datano data
Kyoungwon Na
COO, President2.58yrsno data0.054%
$ 8.2k
Siew Ling Ng
Group Financial Controller1.5yrsno datano data
Jasmine Leong
GM & Head of Investor Relations3.42yrsno datano data
Jin Lee Yoo
Chief Producer & Executive Director4.67yrsno data1.22%
$ 185.3k
Noraini Binte Noor Mohamed Abdul Latiff
Joint Company Secretaryno datano datano data

1.5yrs

Average Tenure

Experienced Management: 40E's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Kyoungwon Na
COO, President2.58yrsno data0.054%
$ 8.2k
Jin Lee Yoo
Chief Producer & Executive Director4.67yrsno data1.22%
$ 185.3k
Richard Lee
Non-Executive & Non-Independent Director2.58yrsno data0.053%
$ 8.1k
Wei Kit Wong
Non-Executive & Independent Chairman2.58yrsno datano data
Ng Hong Whee
Independent Director6.17yrsno datano data
Yuen Siew Thong
Lead Independent Director4.17yrsno datano data

3.4yrs

Average Tenure

51.5yo

Average Age

Experienced Board: 40E's board of directors are considered experienced (3.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 84.5%.


Top Shareholders

Company Information

Spackman Entertainment Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Spackman Entertainment Group Limited
  • Ticker: 40E
  • Exchange: Catalist
  • Founded: 2014
  • Industry: Movies and Entertainment
  • Sector: Media
  • Market Cap: S$15.213m
  • Shares outstanding: 1.90b
  • Website: https://www.spackmanentertainmentgroup.com

Number of Employees


Location

  • Spackman Entertainment Group Limited
  • 390 Orchard Road
  • No. 04-01, Palais Renaissance
  • Singapore
  • 238871
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
40ECatalist (Singapore Exchange Catalist Market)YesOrdinary SharesSGSGDJul 2014

Biography

Spackman Entertainment Group Limited, an investment holding company, develops, produces, presents, and finances theatrical motion pictures in Korea. The company also distributes its films in other media fo ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/06 15:01
End of Day Share Price2020/08/06 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.